EXHIBIT 11
Statement Regarding Computation of Per Share Earnings
SOUTHERN MISSOURI BANCORP, INC. AND SUBSIDIARY
STATEMENT REGARDING COMPUTATION OF PER SHARE EARNINGS
Year Ended June 30, | ||||||||||||
2012 | 2011 | 2010 | ||||||||||
Basic Average shares outstanding | 2,796,279 | 2,088,833 | 2,083,458 | |||||||||
Net income | $ | 10,098,263 | $ | 11,470,031 | $ | 4,625,588 | ||||||
Less: effective dividend on preferred shares | 94,365 | - | - | |||||||||
Less: effective dividend on preferred shares | 424,184 | 511,814 | 510,006 | |||||||||
Net income available to common stockholders | $ | 9,579,714 | $ | 10,958,217 | $ | 4,115,582 | ||||||
Basic earnings per share available to common stockholders | $ | 3.43 | $ | 5.25 | $ | 1.98 | ||||||
Diluted Average shares outstanding | 2,796,279 | 2,088,833 | 2,083,458 | |||||||||
Net effect of dilutive stock options - based on the treasury stock method using the period end market price, if greater than average market price | 92,634 | 52,258 | 21,834 | |||||||||
Total | 2,888,913 | 2,141,091 | 2,105,292 | |||||||||
Net income | $ | 10,098,263 | $ | 11,470,031 | $ | 4,625,588 | ||||||
Less: effective dividend on preferred shares | 94,365 | - | - | |||||||||
Less: effective dividend on preferred shares | 424,184 | 511,814 | 510,006 | |||||||||
Net income available to common stockholders | $ | 9,579,714 | $ | 10,958,217 | $ | 4,115,582 | ||||||
Diluted earnings per share available to common stockholders | $ | 3.32 | $ | 5.12 | $ | 1.95 | ||||||